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<blockquote data-quote="apical meristem" data-source="post: 898834" data-attributes="member: 8891"><p>Of course it is ethanol that has used up so much of the corn to take ending corn stocks to low levels, pushing up prices. Some interesting news though, the amount of ethanol produced has seemed to top out. And, sooner or later corn could have more competition in the ethanol conversion process. Natural gas can be used as part of the renewable fuel standard to be converted into ethanol. Either that, or LNG could be used directly as a fuel source and is compelling with the price of NG. It will take time though. That is the good news. The bad news is that export demand from China for soybeans may pick up in the next few years. It will be enteresting to see what what does to soy ending stocks and the competition for planted acres.</p></blockquote><p></p>
[QUOTE="apical meristem, post: 898834, member: 8891"] Of course it is ethanol that has used up so much of the corn to take ending corn stocks to low levels, pushing up prices. Some interesting news though, the amount of ethanol produced has seemed to top out. And, sooner or later corn could have more competition in the ethanol conversion process. Natural gas can be used as part of the renewable fuel standard to be converted into ethanol. Either that, or LNG could be used directly as a fuel source and is compelling with the price of NG. It will take time though. That is the good news. The bad news is that export demand from China for soybeans may pick up in the next few years. It will be enteresting to see what what does to soy ending stocks and the competition for planted acres. [/QUOTE]
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